Trimble (TRMB) Tops Q4 EPS by 10c, Revenues Beat

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Trimble Announces Fourth Quarter and Full Year 2020 Results

February 10, 2021 4:05 PM EST

SUNNYVALE, Calif., Feb. 10, 2021 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced fourth quarter and fiscal year 2020 financial results.

Fourth Quarter 2020 Financial Highlights

GAAP revenue of $829.7 million, up 1 percent year over year, and non-GAAP revenue of $830.0 million, flat year over year. Fourth quarter 2020 was a 13-week quarter and fourth quarter 2019 was a 14-week quarter. Annualized recurring revenue (ARR) of $1.3 billion, up 9 percent year over year GAAP operating income was $121.9 million and non-GAAP operating income was $196.7 million GAAP net income was $180.3... More